Tex. Ins. Code § 831.0008 · Chapter 831. CORPORATE GOVERNANCE ANNUAL DISCLOSURE
CONTENTS OF DISCLOSURE.
Text — Current through the 89th 2nd Called Legislative Session, 2025
(a) An insurer or insurance group has discretion over the responses to the disclosure inquiries, provided the disclosure must contain the material information necessary to permit the commissioner to gain an understanding of the insurer's or insurance group's corporate governance structure, policies, and practices.
(b) The commissioner may request additional information that the commissioner considers material and necessary to provide the commissioner with a clear understanding of:
(1) the corporate governance policies; and
(2) the reporting, information system, or controls implementing those policies.
(c) Notwithstanding Subsections (a) and (b), the disclosure shall be prepared consistent with rules adopted by the commissioner. Documentation and supporting information must be maintained and made available on examination or on request of the commissioner.
Notes and commentary — not statutory text
History
Added by Acts 2019, 86th Leg., R.S., Ch. 1170 (H.B. 3306), Sec. 1, eff. September 1, 2019.
Source of truth
- Edition
- Current through the 89th 2nd Called Legislative Session, 2025
- Official file
- https://statutes.capitol.texas.gov/Docs/IN/htm/IN.831.htm
- Text hash
- sha256 729997ab39735d7e93b302ac7bb70b16a44deffff6f53b7ae86911079ef369ca
- Composed by
- compose_tx.py 2026-10-05: the Legislative Council's chapter files read in document order; verify_tx.py's independent reading (lxml DOM walk) agrees character for character
Cited by 1 provision
Provisions in this library whose text cites Tex. Ins. Code § 831.0008. Each shows the citation as that text prints it.
Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.